Economics textbooks insist that stock prices reflect the future stream of a company’s profits on any given day. For all the brainpower devoted to these forecasts, however, they are essentially rough estimates of what may happen over the next twelve months and wild guesses about anything after that.

Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.

The US president is increasingly tying trade policy to geopolitics, using economic might to bend countries to his will

President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.

India is unhappy with the Trump administration’s trade negotiations. On Wednesday, President Donald Trump doubled the tariffs on the South Asian country to 50%. India already struggled to strike a deal that the Trump White House considered “fair” enough so it faced a 25% rate in reciprocal tariffs.

President Donald Trump has doubled the tariffs placed on all Indian exports to the United States in response to the South Asian nation buying oil from Russia. Is this a fair response? And what will India do in retaliation?

Gold climbed to a fresh record high after a U.S. government agency clarified that import tariffs would apply to one-kilo gold bars, sparking turmoil in the global bullion market.